Aite Says Compliance Tech Spend to Increase 35 percent in Three Years
Demand in the areas of mobile functionality, holistic solutions, and communication channel coverage will lead the way. Challenges in the compliance marketplace mostly surround the problem of obtaining quality data and maintaining a dynamic platform.
The future of compliance technology lies in constantly improving functionality and platform capabilities to handle ever-increasing amounts of data, especially data of the unstructured variety, according to the report. Compliance initiatives have moved from the back office to the front as compliance capabilities have moved from post-trade to real-time.
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